Securities and Exchange Commission v. Nadel et al

Filing 745

RESPONSE re #733 Order filed by Wells Fargo Bank, N.A., as successor by merger to Wachovia Bank, N.A.. (Attachments: #1 Exhibit, #2 Exhibit, #3 Exhibit, #4 Exhibit, #5 Exhibit)(Barnett, Ana)

EXHIBIT

E

JUDGE KOELTL 0HAIIBERS

Fax:212-80b-?912

Feb 10 2012 09:10pm p00d/011

UI{TTED STAÍES ÐTSTRTC:Í qOT¡RT

ïYY:Ty_i:'-Y_"or

- r<

UNTIEÐ STATES OE' åHERTCA

TTFTTTJASI,ON .R}ID ORDER

oe

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ct.

433 (.tGK)

.ãRTÉIIR }TÄDEL,

Def,ec¡da¡t.

x
rclEBEAg, oE

or about aprll 28, 2Qo9,

ã¡tTEruR ìtÈDEtL,

(ttre

sdefenda¡rtolr üas clra=ged 1n e fif,teen-eount rÐ.df.ct$ell¿ 09 cr.
4?.3 (.TcK) (the orndåcÈmentr), w.J,Èh,, Eecurítíes fi:aud, ín

violatlan of, Tlt1e 15, Unfted. sEateE Code, SectLons ?gJ (b) &
78Ê.f., Titre L7, Gode of Federal Reg¡rJ.atl,oÌlg, sec.Ë,io¡r z40,1ob-s.
a¡¡d EítIe 18. Urrited geates Cod.e, Sectl,or.r 2 (coqûtÉ One through,

slx)¡ ua-l-I Ësar¡d. i¡r wioratlon of Title a8, rrnited staÈes Gode.
$ectíoas 1341 ãï{d. 2 (Count Sevën} i and wire f,raud ín wío1aÈ{on
of, Tit]-e L8, gnl.ted States Code, SecÈisns 1343 and, Z (Counes
EíghË tbro.ugh

Fifbeen);
Ì

BIHEREAS, the

rndictruent

L:¿cludes forfeltsr¡¡e

aIIegaËíons, prouid.i.ng notíce that tl¡e Govermíient. ås sårekJrrg.
pursuarit Èg TíÈ1e L8, llnited stateË eode, sectíon 9g1(a) (1) (c)

JUDGE K0ELTL CHâilBERS Fax:212-B0S-?912

Feb 10 2012 09:10pm P005/011

and T¿Ule 28, Ur¡¿Ëed StaLes Code, gection 24,61. aI]. Broperty,
rear and, personal. tihat censt¿Èutes or is dertwed. from proceeds
ü::aceable to tl¡e eo¡umission of thç f-aufl offerreeF, includJ.ng,
buË

not lj.raited, Èo, tbe

fol'I.owf.ng:

ër. AÈ least 'approxf.mately S¡eo mi].].ios Lü, Unibed States
cflirrè¡acyn is that such €uIII ir¿ aggregate ås. properÈy
represeaËísg the a$ount of pæoceeds obÈa.ined e.Ë a
reEu1t oÉ. tb,e Ehasged securit'íes fraud, mail fraud,
a¡rd rrLre fran¡d offenses,
_

b,

Arry and,

c,

îhe reaf,. prr4lerty and. appurÈenancesr ¡sroa,rn and
dessri-bed as 3965 Cor.urtel Vlew Driwe, ÉatrAsota,
Florida;

d.

The real, properËy .anð appu¡¡e¡ã¡1cès torolun aíd
descríbed es xEE?'6 Etr:iÈrril1e Road, Sarai¡oÈa. F'Iþrida,,

al.l fi:¡rds on de.posit in Aecorurt Sto, 2s40j_093X.6
held í:1. ÈIae ñ:rme of, ¡dä,rguerite iL lïadel Rer¡ocable
T¡nrst aÈ ñorthêrn IrLrsü, N,Ar ,

'Itre real. properEy a:rd a¡æurËer¡aÞceÉ knoltm ar¡d
descråbed f.31 Ganen Creek Road, Fa:irríewr. rilorth ("
i
ãuo1iEê

r-

I

property arrd ?FlF,rrteua,nqes known +n{
des<rr¿bed ,aB aBpr:oximaËe].y acreÉ a¡d. forty-fiwe 1ots
irr tslæ äâ¡ue of scroop CaBfta-a, r.r.Cr i.¿ Thomasville,

The real
@o:rgiá;

cf-

ÍL¡e rea3. . p=opertsy a¡d ap¡nrrteuances Jsrov¡n and
descrÍ.bed eg a¡lproxíu,ate1y thLrtsy-sevea acreÉ ln tbe
naEe of, Scoop CapiÈa1, LIjC, ín Gfacly County, @orgLa.¡

Il.

All right, ëltle, a¡d lnterest l.¡r the entity lørpvra and
dege=íbed, as the venlce iret celrËer rocaüedlin venJ.ce,
FJ.orldä¡

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JUDGE K0ELTL CHâ!|BERS

Fax¡212-805-?312

Feb

l0

2012 09;10pn P006/011

1.

.ê11 rigtrË, tit].e. and iateðesÈ Ín tlæ errËiÈiesu loofin
ar¡d desc.rí¡ed as I.aüret Mounùaf,a Preserve, 'LI¿Cr l€u¡el
PfeEetrfê¿ f.rf,-rC¡ a¡rCt L¡an¡re1 l¡q¡nlaÍ-r.r EeEer.ve IlGû,eowfleEs
.Asspcl.aË,forr, ÍÌ18., lncluding, þut ¡¡oË Iì.uråted Ëo, 42O
acI3es åa Br¡Ecombe CounËy al1ét ¡tcuowell CorrEey¡ Nsrch
Carolírra¡

l.

rígþÞ, ÈitrI'er a¡d. interest i-E trhÊ entiËy Isoi'rn and
d.eecribed aõ Tradewtadr ÉI¡Cr 1¡rcludlngr buÉ not
Linuiùeã to, Ël,ve ¡irTr1aflês, one lre].icopËer¡ arrd.
thJ.rty-one airpo=Þ ba:lgers, locaËed lu Ne¡¡¡,an-CoueËa
Counüy al,:rgnrC, @orgÍa; a.nd
å,11 right.r 'Ëits!.e, a¡d. j¡rterqsÈ in tÌ¡e entity known and
èescríbed, as tlre Gay-Nade1 goundaüíon, Inc.;
A1-1.

lr.

glIIERxiAg.

orr or aþout Febnrarlz 24, 2O1o. Che def,èndant pIed,

grrffty to Cor¡nts oo,e Èh¡rousfts
to a¡r agseemenÈ r,l'íCf¡ tl¡e
!$I¡EREAS,

FlfËeê7l.

og th€ Indl,ctmeEt'

Gow.e:lmeue (+ube Àgreemencol

pursua.EÈ

i

in tt¡e Ag=eement, Ehe defepde¡rL agfëed Èo forfeít

a Éuftt of moaey equ¡I to SJ.62rÇOO'OOO ¿n IlaÍùed,
SËateE Currelrc4f (the $ûtoney rfrrdgwent'), and al,I oË ni" lfgAt,
Èo

the

Èitle

Gowernment

acrd

å.

åatereet i$, the fol..lowlnE properüies:
.ãny ard, a].]' fu:rds on depos¿e

Tflret,

B.
C.

fn Acco'r.¡:rt No- ZB401O93L5
nan¡re of, !{argrrerlte ir, NedeJ. aevocable
F,Ë Èitorthe1to a,flrst, N.A. t

hel.d í:¡ t}re

The feaJ- property End a¡rprrrËena'r:ces lc¡ror¡ne anCt
ëeee=ibeè as L5576 lYuítvíIae Roäd,, Sa.rasota, F].orída;.
The rea"I EroFerEy efid aplxrr.Èenarces lsrow¡, a¡¡d
descri¡ced ã,s 131 ca:re¡r Q5:ee!c ltoad, Fa.irslew, Nortb
Carol,lna;

JUDGE K0ELTL CHAIIBERS Fax:2'12-805-?912

Feb 10 2012 09:10pm P007/011

D,

Tbe rga]" prcBerË]r al¡d, epprrrltenancesl.¡<Êotù_¡¡ a¡d
descríbed. as apprord.mately fourËee¡s, aores and fortyflve Iots ln the naße of Scöop Capltal, IJrc, fû
ThomasVllle, GeougLa¡

E.

rr¡e

F,

Â,11 filghË,r.

eeL pt:opertl¡ and a.pllutrtefl.arrcêF lco'¡sn aüé
descri-I¡ed, es aB¡lroxfurately thirty-eevèrr acres in ttre
name of Scoop Capitax., I¡I¡É, J-a Grady GorrrrÈy, Geo:ryÍa,f.

tl,tJ'e, and. íntereÉÈ f¡ tlre errËl,ty tcocorn ana
deecri-bed,.äs the Ve¡riêe ¡tet' Ger¡eer l.ocaÈed in VenÍce,
Florida.;

c.

J\11 =igfrË, titJ.e, and åntçrest J.rr Þhe ent{èl,es Isown
a¡¡d, descríbed as Lau¡el Mor¡ntaLn'Preäe¡¡re¡ Ir:[¡C, Ëaure1
Iteser\¡e. T'I¡C, ar¡d I,aure1 lrtountaj.n Pireserrë llcnteoçmers
.Assoc.l+t,Lo¿, Inc., fncluåi-ug, Þn¡t roü ].irqíted, tor 42o
'acreE ,Íra' Br¡ncoube Co;aty qnd M@owell qount1rr. ñottb.
:
Ca¡rollna; .

H- ' .AII rTght, tLtIe, a¡d, írrÈéresÈ ln ùhe e¡.fit1r liúoiltr and
êescrf.bed ã.s EIradEt+¡Ludl, Ltc, lncf'uding, but noè
IùmLted tso, fíve alrylanee, ô,r1ê lrelicopter. and.
tbirüy-ctle airpOrt ¡angara, loCated is tçewr¡sn-Coweta
CôUnÈff .LÍùporË¡ Georjifal and.
L
À11 rlght, t¿t].e, and dnterest ån Èhe entlty known a¡rd.
deEsrl.bed 4s the eby-Nad.e1 Foundatíon,' Itrc,
(herei¡raf,Èer Èhe *StrleõLfJ-c ProperËies-l i

orr or abouË ouËober L4, 2010, ebë def,Ê¡rda&È was
se¡rtenced 'an'd ord,ered, to forËett, his. i¡rteres.t fu¡ tLe s¡recifíc
I,t¡gElRË,iAs,

PropercLes a¡rd ùo ttre Money iIudgr.Be:at;

¿ú ari ordér dateð gctober 2a, .2gl,o. ttre. côurÈ
enËered a Frelimínary Order of ¡'OrfeiËurelE j_nal OËqÊr of
¡qHIiREAS,

Forf,eitr:re aË Èo Defe¡rdarrt's Tate:test in speeJ,fLc ?roBertry,
lahich ente=ed ghÊ Money ifud.grmenË agalÆsË tb.e defenda¡r.t and

t
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JUDGE K0ELTL CHAI'IBERS

Fax:212-805-?912

f,orf,eítsed a,Il, of tbe defendanÈ's r{ght.

the

SE

Feb 10 2012 09:10pm P008/011

tl,t3'e âFd inteùesË

iu.

ecitÍc Propertiee;
ott Decewber 3, 201t}, the Cou:rt Ee4cerrced the
a:ad., pu¡rsuaËË Ëo RuIe 32.2(b) (4) of ffre Feõera]. &rlee

ISEEREA,S,

d.ef,endant

of CrLt¿tlnal Procedurg, åe pre.llurtnãry order o¡ forfelÈure/ffura'I
Order of ForfeÈture a,s Ëo DeÉe¡rdas,t's faÈeresü fu s¡recifíc
Property

becam.e

fLnal'ae to tlre

deEendarrt;

orr úì:rle 24, zf,l:-. Wells Fargo BaïrJË, lç.å,. t*W"lt"
Ifargoo or sPetit,lonÉËr) Èirtrety fl,I,ed íts VerffS-e¿ Fet:lt{osr
oeeking a hearårrgi to adJud,f.eaèe ite

ltrÈerest Ín tbe Lau:re1
t4ountai¡¡ Þreeefl¡e FroBerty, wbÍch petitiorr was amerrded oii ,luly
2,

ZA3.L¡

t{el'!.s Fazgg represents tlÞt

ít, ís e. bæa .fide
purc*¡ãser f,or value öf a rlgfrt, tÍt1e, of int'erest i.¡1 tb,e Larrrel
W{EREJRS,

Mountain PrÍeserve ProperÈy, a!'!d tras at Lhe tåme Cf¡¿t
.Lt obta,lned
íts interest ia tbe ¡rcoperty reaeonabLy rrlthout, caüËe to believe
t}ra0 the psoBerty rrc,s sr¡bject to forfeåture,- and
TÌEIEREAS,

Ebe t¡ll¿eet gËãtea ar¡d petltl_pner eEter i¡rto ttris

stlpula|,5.on sô3-e1.y Eo= the purpose of, resolvi:eg ftre qendj,ng

veiífied petl.ëion i¡r ËhiE

proceedÍ-ng¡

JUDGE K0ELTL Cfiâl,lBERS Fax:212-B0E-TS12

NOW, THEREFORts¡

:tT XS IIEREBY

STTPULãSEÞ .èSlD

Feb 1f] 2012 09;10pn P00g/011

AGREÐ, bV and

'betweeo Èhe Ïtrited. SüaËes ÂÈüorc-ey's Of,flce fqr

Distrríet of, New Tork, PreeÈ
We].ls Fargo,

Bharå:r.a,

tTre

Soutå,e:ra

Itnited SÈatee .ã.tÉ,otro,ey¿

âTd

ËbaÈ

1.

T¡te P:re1ímLnary Order of, Forfej-Ëiure,/Ftnã.l Order
of ForfeiÈure eÉ Ëo Ðefendant,rs Iate:resË ín specific proBerty is
ve'deÈed

as to the f,aure!, Mountafn Preser\¡e grc,pertyì

PetlÈl.saer ls hereby bae^red qrcü'aesertiug, ot
ass{sÈing otlters ilr assertångn -ny c!1tm ag'a'inst Ëhe ûaited
2.

Staües (íncludJ.ng but ¡rot 11m{ted to the DeBa.rtürênÈ of .Tustíse
(sD0irr¡, Cf¡e United SÈltes ÀttgrneyrE Offíce for the gcruç4erû

DistrícË ôf Ì{ery York (Y,SDìIY-IISAO'I, ühe 'Fd.eËa1 g*=.r, of
IavesÈigaËicrr (sFtsfø), ËÍtd AÃy egçr,rÈs aûd emB].ol¡èes of ùhe
Irnlted staües, ln qonnection \diÈh r>r arlsiag out ôq the
restraíBt , zmð/or qongÈrüctlve ¡rosseeeíøn of the speciflc
Properbíes, i-uclud,f,ag. but, not Lim{Ë,ed to, arry cla.lur. thå,tì there
eras ¡ro proba,bLe dause Ëq reatraln the s¡reeífås Þropertíes, Èlrat
PeËåÈioner l-e a prçval]-fng parEy,

to aËeorlèy's fees or any

anaar{

or

¿ha.q

Fetåùioner íg

of l-nË,erest i:r

enClÈled.

Ë}r:ís proceed,ång,

-

PeèlÈ,ioner, .¡¡.lthout ruaívång aray c1aíxrs or vights
at la,w or eguity tbåË {ts uay have !a a:ø¡r othÊr procee,ti+g 1ylth
3

reÊpecL Ëo :Le.s í-aterests ín the r,¡au¡el Mormtaj¡r pregert¡e

JUDGE KOELTL CHâi|BERS

Fax:[phone]

Feb 10 2012 09:1Opm P010/011

FreSrert¡r. sBecJ-El-ca1ly but noÈ limite.d to cãse Nö, e¡og-ògez-t25TBM, pe¡¡ôircrg

¡{lddre Distrl.ct

frt tt¡e ltnited gtq.tes ÐåserLct cq:rt
of

Florída, herebv wiÈhdr¿rys åre

for tlre
peEiEíoD

aseertÍ.ug ãlc. iaËerest la tbe Ï¡aurel lîou¡üafn Preserve property

ån tbis prroeeeding. @on the ëourtr, s e¡rdorsemrjrÈ oÈ this
SË.ípuX-atíon a¡¡d, 9rds, saÍd. petÍLion iË he:cebEr d.eemed, dåsuuissed,
withclrt cosËË a¡rë,/or. attoçÍ.ey, E fees to eÈtlre¡ partyt}¡:ìs StlpulatJ,on nay þe e¡cecrrËed j:a ccjunterparts,
eactr of wbíc}¡ Êltaf"l be deeraed alr origína,l, aned aII of ur*hleh..
4.

v¡hen Ë,aker togrgþber, Fãa1J,

be

the conrplete Stípulacl.on
a¡ld ofêer. Fã:c aË PDE' cop.íÞs sbã.lI be t.reated, as oriEínars.
5. Tfre Lnêírriduar(s) s.igraíug tbis stiputa,tíon a¡¡d
order orr beharf of, pe¡Ltioner represent and crarrant Ëhat they
deemed.

aÌe auLïrorized. try Petitiører to e)ceeÌ¡t'e clrts SÈl¡rulagÍon and
ordêf.

.

6

-

if,tre Cor¡rt sba.ll have exclusive Jrrrlsalction. ove!.

the ínterpreËaÈl-ou a¡nd enfofcement of Ëh.ie gtípu]-ation
Order-

and

JUDGE KOELTL CHâI|BERS

7

-

lbie

StípuJ.ation and der

comprete agreemelßt beturêe€.
amênded er<cppt

Feb 10 2012 09;10pm P011/011

constitutes

tlre parties hereLo

}ry wrJ.ttetr coneent

.Ag::eeè and. eenaented.

Fax:212-805-?912

Ërrrd.

Itray

Fot

Èher:eof,.

to:

PREEE BËÀRãRã,

SËaees ÀË,toney Ëqr tåe

By:
DAEE

30o ftre:îro¡¡as Strrq.et
Uilrite Plaåns, New York
(e34) s93-196s

106.01

TrE[,Lg FåRGO Bå¡[K, S[.À.

Pet¿tLol1er

Ðy:

I

ã¡8,

r.

2^ ra

FAXS¡trrT, ESQ.

D.;ATE

WEIS9LER AITüADEFF & gIftERSON,
Museum ToweË - suite azoû

lzotz

P.å.

150 [fpst F].ag].er SÈfset
Míamj-. EL 33L3O
TeL. (30s) 789-3200
'Fax (305) ?49-3395
.êËÈ9,ri.neJ¿s

Ëot

PÐElLioE.gtr.

SO ORDERED:

ZUI/n*

e,y'o,/,

JOtÀÏ G,
grATEg ÐISTR.ICT rII]DcE

DASE

#Í523993vt

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Èhe

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